The role of fairness in competitive supply chain relationships: An experimental study

S Choi, PR Messinger - European Journal of Operational Research, 2016 - Elsevier
This paper examines whether the conclusions of standard supply-chain models carry over to
repeated supply-chain relationships. The past models assume profit-maximizing agents in …

“Pay what you want” as threshold public good provision

V Mak, R Zwick, AR Rao, JA Pattaratanakun - Organizational Behavior and …, 2015 - Elsevier
Prevailing wisdom on “pay what you want”(PWYW) pricing focuses on the influence of
altruism or fairness on consumers' payments. In this paper, we offer a different perspective …

Learning with fixed rules: The minority game

W Kets - Journal of Economic Surveys, 2012 - Wiley Online Library
This paper gives a critical account of the literature on adaptive behaviour in the minority
game, a simple congestion game. The literature has proposed a model which differs …

[HTML][HTML] The effect of quantity and quality of information in strategy tournaments

J Linde, D Gietl, J Sonnemans, J Tuinstra - Journal of Economic Behavior & …, 2023 - Elsevier
It is increasingly common for algorithms rather than people to take complex decisions. Many
of those algorithms are however written by people and the information available to them …

Cognitive hierarchy: A limited thinking theory in games

JK Chong, CF Camerer, TH Ho - Experimental Business Research …, 2005 - Springer
Strategic thinking, best-response, and mutual consistency (equilibrium) are three key
modeling principles in non-cooperative game theory. Camerer, Ho and Chong (2004) relax …

[PDF][PDF] Pay what you want” as a profitable pricing strategy: Theory and experimental evidence

V Mak, R Zwick, AR Rao - University of Cambridge, Cambridge, UK, 2010 - Citeseer
Prevailing wisdom in the literature suggests that the success of a “pay what you
want”(PWYW) pricing strategy depends on consumers' altruistic inclinations, sense of fair …

Competition and coordination in experimental minority games

G Bottazzi, G Devetag - Journal of Evolutionary Economics, 2007 - Springer
This work presents experimental results on a coordination game in which agents must
repeatedly choose between two sides, and a positive fixed payoff is assigned only to agents …

A class of evolutionary models for participation games with negative feedback

P Dindo, J Tuinstra - Computational Economics, 2011 - Springer
We introduce a framework to analyze the interaction of boundedly rational heterogeneous
agents repeatedly playing a participation game with negative feedback. We assume that …

Adaptive learning and emergent coordination in minority games

G Bottazzi, G Devetag, G Dosi - Simulation Modelling Practice and Theory, 2002 - Elsevier
This work studies the properties of a coordination game in which agents repeatedly compete
to be in the population minority. The game reflects some essential features of those …

The minority game: An economics perspective

W Kets - arXiv preprint arXiv:0706.4432, 2007 - arxiv.org
This paper gives a critical account of the minority game literature. The minority game is a
simple congestion game: players need to choose between two options, and those who have …